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September 10, 2020 School Board Meeting/Final Public Budget Hearing
Title
Publicly State the Name of the Taxing Authority and Millage Rates
Meeting Date(s)
Action - 09/10/2020
Consent Type
Discussion

Florida Statute 200.065 requires each taxing authority levying millage to publicly state the name of the taxing authority, the rolled-back rates, the percentage of change from the rolled-back rate, and the millage rate to be levied prior to the adoption of the millage levy resolution.

In compliance with those requirements the following needs to be stated:

Taxing Authority: The School Board of Brevard County, Florida
     
     
2020-21 Rolled-back Rates    
     
Required Local Effort   3.6560
Local Discretionary   0.7125
Capital Outlay   1.4289
Total Rolled-back Rate   5.7974
     
     
Millage rate to be levied exceeds the Rolled-back Rate by: 2.49%
     
     
Proposed 2020-21 Millage Rates    
Required Local Effort   3.694
Local Discretionary   0.748
Capital Outlay   1.500
Total    5.942
Recommendation
Authority for Action
FS 1001.42
Involves Expenditure of Funds Directly in the Classroom
No
Source of Funding

Agenda Item will not Require the Expenditure of Funds
Financial Impact
FY Amount Budgeted Fund Cost Center Project Function Object Program
                 
Legal Counsel Review
No
Contact
Karen Strickland, Director, Budgeting, Cost Accounting & FTE, ext.11610 Cynthia Lesinski, Chief Financial Officer, ext. 11600
Attachments

No attachments available

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